$3,356,396
$570,668
2.45x
Started in 2017, this Shopify-based portfolio is an industry leader in custom portraits inspired by pop culture. Strong gross margins, profitable first-time customer acquisition, turnkey operations with a hard-working and loyal team that will transfer, a huge existing audience, a negative cash cycle, and multiple achievable growth opportunities make this opportunity especially attractive.
This business is ideal for a buyer looking to take an already-existing, operationally efficient, and underutilized team and system and use them to expand into neighboring portrait styles and international markets. The vision just needs to be set, as the supporting infrastructure to handle the order volume of such endeavors is available.
Built on a foundation of strong and systematic operations, this business utilizes a team for all day-to-day operations to automate the creation and fulfillment process of the entire artistry and customer support team. This allows every single order to be customized and 100% hand-drawn.
No inventory is needed to run this ecommerce company as around 75% of sales are for digital artwork; the remaining 25% of sales utilize a print-on-demand company for manufacturing and fulfillment.
Since these products make the perfect personalized gifts, November through January and May through June have been the top-performing months. This business is available right before its historic best-selling months, allowing a new owner to be ready for the busy season and capture a quicker return on investment. This difference also helps the company balance out cash flows even though the brand is seasonal.
The current owner has pushed the business as far as they can take it and has acquired another business to spend more time on, hence why they are looking to sell and only spending about 5 hours per week on the business, mostly in team meetings.
The business is SBA pre-qualified. The term sheet is provided with the rest of the business information.
This business is currently under offer and therefore no longer available. Join the waiting list to be notified if it becomes available again
Ethan is a serial entrepreneur and has successfully built numerous multi-million dollar companies. He has sold and acquired a number of companies, one of which appeared on Shark Tank, and served as a broker for both buyers and sellers transactions’.
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